The notion of ownership and possession is well known, not theoretically, perhaps, but in fact in the practical context. This principle is one of the important concepts in the case law, said is the owner of a land for such evidence, it should actually show how he acquired this piece of property, it is supposed to be with him the balance of sale and transport, as well as the proof of taxes, and since we are going towards digitizing the Aadhar card , biometrics and witnesses, if he owns his property either on the basis of rent or vacation and preferably license to give. Then, the notion of ownership, if A, with all the required formalities, an agreement with B, on the “use” of the prescribed property for a time and in the same case in the same sense for a valid consideration, the property is acquired. In modern times, this is called a rental contract, a holiday and license agreement or a rental contract. Such an agreement is the landlord`s permission to lease licensees to the licensee, to use the property with limited rights and only for a limited time, as stipulated in the agreement. The agreement is of the highest value in such cases, as it maintains the interest of both parties. The rental contract or rental agreement and vacation and licensing agreements are included in the Rent Control Act, Rent Control Act, etc., which applies 11 months, not 12 months, as it authorizes the landlord or the licensor to remove the tenant with a minimum ad. The holiday and license agreement may or may not be registered. Outside the Rent Control Act, states have their own acts of state control for their government management. Example: Karnataka Rent Control Act 1999, Maharashtra Rent Control Act, 1999 etc. A landlord or tenant must understand what a rental agreement is before renting a property. A rental agreement, also known as vacation and licensing, is a type of contract that is generally distinguished between the owner of a property and the tenant who wishes to own the property in temporary possession, as written in the agreement.
As a general rule, the conditions in the lease are similar, it may vary depending on the ownership conditions.